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Student Accommodation Investment Opportunity, The Foundry, 43 Wood Gate, Loughborough, LE11 2TZ
0.26 acres / Land
Withdrawn - Last updated: 16 August 2023
The Foundry is located in Loughborough, and situated on the corner of Wood Gate
Street and South Street.
The Foundry comprises a purpose built u-shaped building, configured around an internal courtyard and arranged over 6 floors.
- 112 en-suite double bedrooms arranged as studio and 2-6 bedroom cluster apartments.
- Modern purpose built student accommodation.
- Secured gross rent roll of approximately £317,000 for this academic year with capacity for growth.
- Current occupancy level stands at approximately 71%.
- Projected operating costs for 2012/2013 amounting to circa £198,000.
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